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14 Market Hill, Southam, CV47 0HF

1,785 Sq Ft / Retail / Retail - High Street

For Sale - £240,000.00

Available - Last updated: 27 January 2023

Description



14 Market Hill comprises a mid-terraced period building with accommodation set out on three floors, the ground floor providing retail accommodation with two bay windows and central pedestrian door, with the property being extended to the rear within a single storey extension.

An internal staircase provides access to two upper floors providing a mixture of office accommodation and storage (formerly residential). The property has a side pedestrian access off Market Hill which could be used to provide an independent access to the upper floors subject to alterations and (if required) planning consent.

Whilst the building is in need of some refurbishment works, the property does lend itself to redevelopment with considerable potential. The property, which is currently occupied and trading, is to be sold freehold with vacant possession.




Location



Market Hill is located at the heart of the market town of Southam, an ever growing and vibrant town in the heart of Warwickshire. Located approximately 8 miles east of Leamington Spa, 12 miles south west of Rugby, 15 miles south east of Coventry and within 25 miles of Birmingham International Airport and the NEC.

Southam has grown considerably in recent years with a number of significant residential developments being undertaken coupled with the expansion of the local business parks and other local amenities.

Market Hill is the prime retailing pitch within the town centre. There are excellent car parking provisions nearby and on street, excellent public transport with other amenities such as the local Library and Police Station being very close by. The location is occupied by a mixture of retail units, restaurants, pubs, fast food outlets and office space. The Dallas Burston Polo Grounds are also very nearby.



Services



All mains services are connected to the building.



Tenure



The property is to be sold freehold subject to vacant possession.



Rent



Price
PRICE REDUCTION Offers in excess of £240,000.



Rates



The rateable value for the current year is £10,750. As of 1st April 2023 the rateable value will be £12,250.



Legal Costs



Each party will be responsible for their own legal costs in this transaction.



EPC



TBA



For Sale Freehold - REDUCED PRICE Offers In Excess of £240,000



Retail Premises with Two Upper Floors



Central Southam Location



To Be Sold with Vacant Possession



Interesting Redevelopment Opportunities



Suitable for a Variety of Uses Subject to Planning Consent if Required



Character Period Building



On Street Parking




( Agency Pilot Software ref: 575 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £240,000.00 NA

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Contact agents

Simon Hain

EHB Reeves

01926 270083



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